Top 5 news of the week September 2-8

LNG Prime brings you the five most popular news on our platform during the week of September 2-8, 2024.

1) US energy giant ExxonMobil and its partners have launched the front-end engineering design (FEED) phase for their Rovuma LNG onshore terminal in Mozambique.

2) German LNG terminal operator Deutsche ReGas has launched commercial operations at its FSRU-based LNG terminal in the German port of Mukran.

3) New Fortress Energy’s LNG project off Altamira, Mexico has secured approval from the US DOE to ship LNG cargoes produced from US natural gas to non-free trade agreement nations.

4) UK-based LNG giant Shell has signed a long-term LNG supply deal with Türkiye’s state-owned natural gas and LNG firm Botas.

5) State-owned German LNG terminal operator DET still expects to launch its next two FSRU-based LNG import terminals in Stade and Wilhelmshaven by the end of this year, DET told LNG Prime on Wednesday.

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Venture Global’s CP2 LNG to start mobilization and site preparation

Venture Global LNG's CP2 LNG has received approval from the US FERC to start mobilization and other limited activities for the LNG project in Louisiana.

Prime Infra to buy 60 percent stake in First Gen’s Batangas LNG terminal

First Gen has entered into a deal with Prime Infrastructure Capital under which the latter will acquire a 60 percent equity stake in First Gen's gas business in the Philippines, including the Batanagas LNG terminal.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

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